YDYS Buying and selling’s web site would not checklist its homeowners or managers.
YDYS Buying and selling’s web site has an affiliate login type as I write this.
“ydyscrypto.com” was privately registered on February 19, 2022.
The Philippine SEC warned about YDYS buying and selling on April 21.
YDYS TRADING OPC was registered as a One-Particular person Company on March 1, 2022. Its Certificates of Incorporation says that the corporate can’t solicit public funding.
Mar Albert Pondang Hidalgo was named YDYS Buying and selling’s “chief”.
Hidalgo makes use of “Mar Albert Hidalgo” on-line.
YDYS seems to be Hidalgo’s first MLM enterprise as an government, per his Fb profile.
Hidalgo peddled COVID-19 “therapy gear.”
Hidalgo’s promotion was to Twenty-one. PMS Prime 98 Choose.
PMS Prime 98 Choose makes fraudulent well being claims about its merchandise.
Hidalgo’s Fb web page posted the above advertising shot in late 2021.
Hidalgo established YDYS Buying and selling in February 2022 as a crypto broking agency.
Study YDYS Buying and selling’s MLM potential.
YDYS Merchandise:
YDYS Buying and selling would not promote something.
Associates solely promote YDYS Buying and selling.
YDYS Buying and selling’s Payplan:
YDYS Buying and selling’s web site is an affiliate log-in type. deliberately disguised firm particulars, together with pay. The Philippine SEC warns about YDYS Buying and selling’s compensation plan.
On PHP investments, YDYS Buying and selling guarantees a return of 250 % in 45 days.
Make investments Purple Staking pays out 300 PHP in 45 days.
Make investments Blue Staking: 1000 PHP for 2500 PHP in 45 days.
5000 PHP in 45 days, 12,500 PHP in 45 days.
Make investments 50,000 PHP and get 125,000 PHP in 45 days.
YDYS Buying and selling’s MLM pays affiliate traders.
YDYS Buying and selling associates get 50% of money invested by straight recruited associates.
Remunerations:
Associates get 1% of their downline’s earnings.
Returns, not quantities invested, are credited. YDYS’s residual fee quantities are unclear.
YDYS Buying and selling investments earn “product factors.” Accumulating product factors qualifies associates for incentives, in response to the Philippine SEC.
Affiliate membership requires 300–50,000 PHP.
YDYS Buying and selling associates can earn extra by investing extra.
YDYS is a Ponzi scheme. Associates make investments, and if new investments hold growing, they steal 250 % after 45 days.
YDYS Buying and selling traders have not seen further funding.
Hidalgo has doubled down on fraud regardless of SEC warnings that he faces 21 years in jail or $94,369 USD. Hidalgo issued an “further staking bundle” the day after the SEC’s warning:
On April 23, Hidalgo stated “a number of individuals” visited YDYS Buying and selling’s Philippines workplace. It’s unclear if this was in response to the SEC’s fraud discover.
On April 25, Hidalgo revealed YDYS Buying and selling’s “certificates of incorporation” to handle its illegality. not SEC-registered. Fundamental incorporation is irrelevant for MLM due diligence.
After selling April “flash gross sales,” Hidalgo introduced YDYS Buying and selling’s fee issues on Could 1.
YDYS Buying and selling resumed payouts on Could 30.
YDYS is buying and selling underneath withdrawal stress as of June 5.
Hidalgo says YDYS Buying and selling is “authorized.” I feel that is due to YDYS Buying and selling’s funding.
Attaching merchandise to a Ponzi scheme would not authorize securities fraud, per the SEC.
YDYS Buying and selling’s bundles resemble Prime 98 Choose’s.
Prime 98 Choose is an offline MLM alternative provided on social media within the Philippines.
Prime 98 Choose’s and YDYS Buying and selling’s funding product bundles could overlap.
YDYS Buying and selling’s withdrawal issues are indicative of a Ponzi scheme.
Could’s trickling funding appears to be subsidizing selective withdrawals. Hidalgo seeks to spice up funding by publicizing these withdrawals.
With YDYS Buying and selling’s 250 %+ ROI liabilities per 45 days, that is uncertain.
YDYS Buying and selling collapses, guaranteeing Ponzi scheme members lose cash
